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have your fox news minute. president obama has extended his prayers and appreciation for pope benedict. he is citing his age and failing strength as his reason for resignation. pope benedict will step down after eight years as pope. a suspected gunman and two women are dead after shots were fired this morning inside the lobby of a delaware court house. our local affiliate is reporting that the gunman was at the courthouse for a child support hearing. his estranged wife was one of the people that were killed. cleanup is underway this morning in mississippi after an overnight tornado. at least three overnight tornadoes tore through that city. they had at least 100 homes and buildings. no fatalities have been reported. more than one thousand people are now injured. those are your headlines. that to lori and alyssa. lori: thank you, heather. melissa: graduation in february. liz claman is live with rob portman. liz: that is senator rob portman family business. you know all about small businesses and certainly the challenges. goldman sachs saying we are stepping up this business. >> it is gr
-a grt deal just got a whole lot better. hurry. $14.95 won't last. >>> president obama must be feeling confident in his golf game these days, because the white house confirms that he played 18 holes with tiger woods. the president is on a mini vacation to a florida resort this weekend. his foursome included the owner of the course who is a major democratic donor. >>> and firefighters intercepted three small planes that were flying in the president's air space. >>> senator john mccain has been leading the republican charge against the response in benghazi as well as the nominee of chuck hagel. does mccain have a bigger strategy in play or is he just trying to get to the truth? i talked about it to l.z. granderson and ana navarro, and i started with the tough new comments from mccain on "meet the press." >> you said a cover-up, and a cover-up of what? >> of the information of concerning the deaths of four brave americans. the information has not been forthcoming. you can obviously believe that it has, but i know that it hasn't. and i will be glad to send you a list of the questions that
, a week from now, president obama is going to do his state of the union address, okay? typically the market doesn't respond well when the president talks. then we're going to start to get into some of the nitty-gritty, some of the spending issues. that would be a perfect opportunity for the market to give half of that back. so we've had a 6% rally. why not, you know, reclaim three of that percent over the course of the next few weeks. >> do you feel like we're acting a bit bullish with regard to the markets? i get the feeling it's more buying from kaufton as opposed to selling at this point, right? >> i think that's right. first of all, you've approached a couple of psychological hurdles on the dow and the s&p. we've seen what earnings season is going to give us. we're approaching the sequester cuts on march 1st and there is an increasing belief that they're going to be triggered. and so when you add on to that the fact that payroll taxes went up and the economy is going to be pretty sluggish here in the first half of the year. so i agree with phil that we're probably going to gi
. nemo dumped up to three feet of snow in some areas. president obama has declared connecticut a disaster area, which makes it eligible for federal aid and at least 15 deaths are blamed on the storm. travel delays are easing. amtrak says it will have limited services in new york and boston. it's not the typical story you hear about in the u.s. in february as tornados tear through mississippi. >>> three companies biggest investors have joined southeastern management's objecting to the deal. but the latest edition, 14% now say they'll vote against the buyout. as far as dell's stock is concerned in frankfurt, it is still up 2%. >> eric schmidt is cashing in. the google claim has filed to sell 42% of his shares in the company. he will sell shares through a regular trading plan spread out over a year to reduce the market impact. analysts say it could hint at him playing a smaller role in the company going forward. schmidt handed the reigns to larry paige in 2011. google shares down about 0.8%. still up about 11 fers, 12% over the last six months. different story than major competitor apple. >>
of the titans. >>> and japanese prime minister shinzo abe is heading to walk to talk to president obama. just what kind of reaction can abe expect from washington? we'll give you a preview. >>> before all that, let's recap what's happening in markets. we've seen more activity, in fact, higher volume over the last couple of sessions, really, than we've seen for much of the year. the volume is coming on a sell-off. u.s. markets fell yesterday following the release of the fed minutes. it was the worst day of the year for the s&p and nasdaq. as you can see, shedding 108 points there, a rare triple digit decline this year. energy and material stocks were the worst hit. all ten s&p sectors did hit the day lower. volatility on the rise. the vix rose nearly 20% on this session. the sell-off has continued overnight. the shanghai composite, the australian markets taking it on the chin. will i sixuan joins us from singapore. >> thank you, kelly. fears of an early access by the fed rocks sentiment here in asia today. the nikkei pulls back 1.4% from its 52-month high. investors remain cautious ahead of th
, president obama will attempt to pitch the job to firefighters against further raising taxes on the rich. ers kin and bowls will be here with a solution to the sequester. we'll talk about google as it nears $800 a share. and the company that has written detailed reports on how the chinese are hatching american industry. will join us live in the next hour of "squawk on the street." >> all right. make your past to post nine. >> they did it with the offering. this is holding. freeport did its giant equity offering and moves all the way down. eye a buyer here. >> goldman up on gnc. >> gnc has been remarkable. this is like herbalife is a supplement company. sh a retailer people just love and i think it goes higher. >> gilliad. >> when does it quit? the answer is never in an environment where you still get slow growth and they've got a lot of good stuff in the pipes. >> biomarin. >> this is one of those companies that has been a specialist in or fan drugs. i've had them on air on "mad money." they are a remarkably good cup. >> arco. are they in apple, are they out of apple? i think they're in apple
't president obama squelching the small business job creator? the republicans like to say that. maybe or maybe just isn't squelching hard enough. otherwise you wouldn't be seeing such monster moves. in other words, business is strong enough to merit companies talking to each other about combining rather than thinking if you stick around and compete, it's almost a matter of time before the other guy keels over. the last man standing game seems like it's history. maybe this is a merger between two companies who failed to keel over. more important, though, it's a merger born of confidence, confidence that despite the runs in the stocks there's much more upside, because things are just plain better than we might realize. even though the stocks are up from where they were, they're still down huge from when times are good. that's the theme behind almost all the deals we've seen, all the ones worth talking about, it's the commonalty of the breathtaking number of takeovers, in a world where they were supposed to have fizzled like last year rather than ratcheting up as seems to be the case now. >>> all
, political activist, director now, co-chair, president obama's election campaign. welcome to post 9. it's great to have you. >> thank you. >> you know how to light up a room, or a trading floor in this case. >> yeah, thank you. it was a lot of fun. this was my first time here. >> definitely the way to see it. this is the primo tour. when you get to come to the balcony. walk us through the new initiative that we have. do you have to try all of these? >> i tried more than this. i tried many, many, many flavors. i didn't try 4 million, but almost 4 million flavors were submitted to the consumers of this contest. i think the million-dollar prize attracted some people. but these are the three finalists. they're really interesting, good flavors. america gets to vote on the winner. >> can you describe what chicken and waffles tastes like? >> you don't know? have you never had chicken and waffles? >> no. >> i have, but i can't imagine it on a potato chip. >> that was a little interesting taste the first time i tasted it. but really creative. very interesting. the sarachi is nice. cheesy garlic
is a sentiment for the community. >> the gun control debate is still a hot topic right now. president obama hit the road to minneapolis -- calling for gun control legislation. he says, a consensus is emerging for universal background checks for gun buyers. but the president acknowledges. a tough road ahead to pass an assault weapons ban. demo we do not have to agree on everything you to agree that it is time to do something. it will not be a perfect solution but we could make a difference. if that is our responsibility. >> we do not have to do everything we can definitely agree to do something. on military- style assault weapons. and a 10-round limit for magazines still ahead. on this day almost 40 years ago. bay area residents were bracing for * snow. we'll take a look back at some of the video. we'll also be getting a look at our forecast with erica. we continue to track the gas prices coming up. .. today marks the 37th anniversay of a rare bay area snow day. it's been called the snowstorm of 1976. snow blanketed the bay area on february 5th. 37 years ago. this is video taken from our archiv
with that. the obama care as it's now being called put in on a trial or a experimental or small scale basis almost every idea that had been suggested for containing costs. but we don't know how they're going to work. you know, the system is not even effective until 2014. it will be a while. >> charlie: here's what's interesting about the book. of the music stopped the financial crisis the response and the work ahead. i can't tell you how many books i've read about the financial crisis. why do we need another. >> you're not the first person. that's a fair question. i think there are a few reasons. first of all, most people are not nearly as well read on this subject as you are. this sort of tries to put the whole thing together. there were a loft very excellent books that were written early on mostly by journalists. i cite them in here. they're very useful for a number of things. but whereas for example there was a very nice book written about the failurelyman brothers. the failure of lehman brothers is five pages. i'm trying to tell the whole story. >> charlie: let me stop there. you say th
quality. so we think it's a very fair return. >> david, obama care is coming. how is that going to affect your company? >> we see obama care as driving change in the marketplace and change is good because maybe to your core question, the status quo is not acceptable. we need to take costs out of the system and increase quality. for us, focus more on services. the change in the marketplace is a positive. one of the biggest changes we see happening in the united states is the opportunity to partner with physicians, to collaborate with physicians, to drive increases in health quality. today we have over 50 collaboratives already up and running in the united states where physicians are more paid based on the quality of outcomes haves the quality of services. as a result, people are getting better quality of outcomes, better services and costs are coming out of the system. >> david, give us a -- your outlook for the year ahead and a little bit beyond that. to what extent, when washington is -- it's in the middle right now of the process of trying to find cost savings. do you expect some of tho
secretary pitch by obama. recreational equipment. readiness. >> yes. >> interior secretary can scale mountains. >> indeed. >> when we come back, seeking shelter from the bears. we'll find out in "mad dash." we close out the week, if the dow wants to avoid the first losing week of the year, got to close at 14,009. back in a minute. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. minutes until the last opening bell of the week. let's get cramer's "mad dash." we'll talk
resumed. boston 4i9 with two feet with snow. the governor ordering schools to remain closed. the obama administration declaring a state of emergency in connecticut which will help them get federal moneys for the cleanup. they saw record snow, over three feet. schools there also remaining closed today. we've got some updated outage numbers. some of the figures we had from the weather an hour ago, particularly in rhode island, significantly underreported. here are the new numbers that we have. only 135,000 customers still without power across the northeast. majority in massachusetts, over 110,000. that's down from about 400,000. so they've worked really quickly there. in rhode island the number is now 20,000 down from peak of around 70,000 over the weekend. close to 1400 still in the new york area. and over 200 in connecticut. but that connecticut number might also be higher. the numbers well below hurricane sandy overall. ford's head of u.s. sales says the auto dealer doesn't see any major impacts like they saw during sandy due to the snowstorm. during sandy they lost nearly 200,000 car
and andrew ross sorkin. making headlines this morning, president obama is holding a white house open day-to-day hack-a-thon. >> oh. >> it's about hacking. >> duh. >> i thought it was about filling the entire places with hacks. >> i knew that's where you were going. >> that's what i thaw it was, a swear. >> come on, mr. brand new iphone. >> yeah. the administration is inviting developers and tech experts to come and share ideas. i thought it was just axelrod and a couple of the -- you know, i'm sorry. i apologize for that. hack-a-thon res common in the tech industry, complete with beer, pizza, sleeping bags, they're basically athletic events for technical geeks. i can't get beyond what i think a hack-a-thon is. it's such a perfect name. i was just thinking, we just talked about geeks today. did you see google today? >> i did. >> do you know who this guy is? i would feel inadequate. do you know add ward gorey? he was born in 1925 and it's about doodling. but they need to -- those guys at google every day need to prove their ultimate geekiness to us. >> or you can use it as an opportunity t
and first solar, they have been taken off for the past four or five days. president obama spoke very heavily about solar stocks and alternative energy and referenced him again in his inaugural, and they have been up really since november. >> thanks, bob. a market that is rallying here. the market is 40 minutes before the closing bell sounds, and the market is higher, 52 points, and the s&p 500 showing a nice move on the upside, as you can see there. if you can't beat them, join them. best buy is set to begin price matching against online retailers. find out which shock you're better off with next? >> after a huge outcry from fans, including bill and myself, was this a marketing debacle like new coke or stroke of genius to drive sales? stay with us here on "closing bell." would define you as an innovator. to hold more than one patent of this caliber... would define you as a true leader. ♪ to hold over 80,000... well that would make you... the creators of the 2013 mercedes-benz e-class... quite possibly the most advanced luxury sedan ever. see your authorized mercedes-benz dealer for excepti
what the impact of obama care really is on the sector. back to you guys. >> all right. thank you, josh lipton. apple is not participating in the broader rally over the past three months. will that change anytime soon? find out how you should be playing apple and the rest of the tech sector right after this break. [ male announcer ] let's say you pay your guy around 2% to manage your money. that's not much, you think. except it's 2% every year. go to e-trade and find out how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours. e-trade. less for us. more for you. [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >>> about an hour into trading. 7:31 on the west coast, 10:30 on the east coast. acme packet shares rallying on the news, up 22%. blackbe
weeks ago. you've got the fiscal cliff issue resolved, and probably more importantly, president obama seems to have pulled the republicans' fangs with respect to the debt ceiling. that's probably the big risk that the market was worried about. >> you made recent changes to your 2013 allocation strategy. some of them are interesting. high volatility u.s. large caps and micro cap stocks. it would seem you're increasing the beta place. when you say u.s. large cap volatile stocks, what do you mean by that? >> well, we believe that there's an evolution in the asset classes that investors are going to be tapping into in the next decade. you know, if you look back over the last 20 years, people spent a lot of time arguing, what was the value stock, what was a growth stock. and a lot of times it was in the eye of the beholder. volatility is a much more objective mesh yasure of what a stock is. you can do very good long term, 80 and 90-year analysis of what this asset class means. and right now, we show high volatility stocks have been beaten down very, very much in the rally, relative to low
in egypt. >>> energy secretary steven chu is resigning. in a statement, president obama said chu helped move the country toward energy independence citing department programs in wind and solar power. chu will stay on until the end of the month and until a successor is confirmed. those are the headlines. back to tracy and ashley. ashley: rick folbaum, thanks so much. the u.s. economy added 157,000 jobs in january, while the unemployment rate it ticked up to 7.9% but today's report represents only a fraction of the 12 million americans looking for work. peter barnes joins us from the labor department with more on that story, peter? >> hey, ashley. 4.7 million of those 12 million people have been unemployed for 27 weeks or longer. that's about 40% of the stolt -- total unemployment. the white house is not doing any high-fives about the jobs report today but it will take it. the president's top economist alan krueger telling me this morning that the report and some other economic indicators paint a picture of an economy that is slowly healing but not back to full they will health just yet.
of what happened in newtown as well as concerns president obama would try to restrict gun sales. more on that on my blog tradertalk.cnbc.com. >> bob, welcome home. good to see you back. rick santelli in chicago. good morning, rick. >> good morning, carl. we've all heard the news, there's a lot of gdp shrinkage in japan and third quarter, eurozone. it's very difficult to tell sometimes. look at a 24-hour chart of our ten-year, think what the multinational companies are thinking, looks like rates going you up, auctioned off ten-years, 24 billion. there's a rogue, a new guy on the block. it distorts it a bit. you can see we're coming back down. these yields on this new guy, still a good chance we'll settle above 201.5 close, going back to early april. if you look at a two-day chart of the boone, you can see dynamics in place, about face, suggestion of data, weaker data showed up in the marketplace. look at spain, this is really interesting. a two-week chart of spain basically, wow, these yields are really going down. are even the southern countries have their funding issue fixed now beco
, a hack-a-thon at the white house. we have the details on president obama's silicon valley-like soiree. >>> welcome back to "squawk on the street." it's friday. therefore, it's friday's i decisi edition of the "santelli exchange". the big issues of the day are all wrapped around debt and deficits. no matter how you want to spin it, how you want to deal with it, how you want to avoid it or how you want to get around it, these are at the epicenter. i think back, fannie, freddie, don't see many solutions. those are called government-sponsored enterprises. basically agencies of the federal government that were set up and the boiler-plate was, not guaranteed by the u.s. government. what in essence they were. now, let's think back to some of the new issues of the day, infrastructure bank. in the state of the union, the president called for this as something to build and save the country and the economy. now, let's also look at some acronyms. transportation infrastructure finance and innovation act. that will be expanded to, yes, rise of the zombie clones to create another agency very similar
Search Results 0 to 24 of about 25 (some duplicates have been removed)